How decentralized identity is shaping the future of data protection

2024-02-20 05:30

Decentralized identity is an approach to identity management that allows users to control their identity information and eliminate the need to provide unnecessary amounts of personal information in order to access a service.

By putting personal data in the power of the individual, decentralized identity increases privacy and reduces the possibility of fraud and account takeovers by helping ensure the person behind the credential is who they claim.

How do decentralized identity systems align with regulatory frameworks like GDPR or CCPA?

A key tenant of decentralized digital identity is to take away the possibility of being non-compliant by minimizing exposure to personal data.

How will decentralized identity change the landscape of cybersecurity practices?

As decentralized identity becomes more commonplace, organizations need to stay one step ahead of attackers by continuously investing in capabilities and products to thwart potential risk.

News URL

https://www.helpnetsecurity.com/2024/02/20/patrick-harding-ping-identity-decentralized-identity-dci/